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Published on 9/4/2008 in the Prospect News Municipals Daily.

Kentucky Economic Development to sell $55 million bonds for Ashland

By Cristal Cody

Tupelo, Miss., Sept. 4 - The Kentucky Economic Development Finance Authority plans to sell $55 million revenue bonds for the Ashland Hospital Corp., also known as the King's Daughters Medical Center, on Sept. 17, a source said Thursday.

The series 2008C bonds (A1//A+) will be sold in a negotiated sale managed by RBC Capital Markets.

Proceeds will be used to refund the series 1993B, 2001 and 2003B auction-rate bonds.


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